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Hy-Vee Food Stores

Director, Retail Pricing Analytics

Hy-Vee Food Stores, Grimes, Iowa, United States, 50111


At Hy-Vee our people are our strength. We promise “a helpful smile in every aisle” and those smiles can only come from a workforce that is fully engaged and committed to supporting our customers and each other.

Job Description:

Job Title: Director, Retail Pricing Analytics

FLSA: Exempt

Department: Information Technology

Revision Date: 10/2024

General Function: The Director of Retail Pricing Analytics is responsible for the development and implementation of pricing strategies that successfully optimize sales and profitability across the geographic and competitive landscape of the company. Creates and enhances the structure for maintaining competitive advantage while achieving company targets and increasing market penetration on key items and product lines. Increases business acumen through simplifying and streamlining pricing decisions while promoting ownership and maintaining company culture and autonomy. Trains & effectively communicates all aspects of pricing methodology.

Core Competencies:

Partnerships

Growth mindset

Results oriented

Customer focused

Professionalism

Reporting Relations:

Accountable and Reports to: Regional Vice President

Direct Reports: None

Primary Duties and Responsibilities:

Create, define and implement the overall pricing strategy for the company in collaboration with Executive leadership

Develop key pricing initiatives aligned with company growth and profitability goals

Review and analyze key metrics, including optimization of sales, turns, units and profitability

Lead external competitive pricing and offering analysis

Perform analysis on business categories to find solutions and drive improvement in low-performing areas

Collaborate closely with senior leadership, and department owners to develop new pricing strategies and initiatives

Develop key performance indicators and related metrics to drive the execution of the overall pricing strategy

Analyze and establish opportunities for improving results across regions and categories

Review market and customer data to develop competitive insights

Oversee all aspects (strategy, processes, systems, reporting and people) surrounding company pricing and analytics, and related reporting and metrics

Supervise pricing team and analysts and ensure adherence to company goals and initiatives

Provide executive leadership with timely reviews of the company’s pricing strategy, including progress and results of various objectives and activities

Research current market and industry conditions and develop regional and company improvement strategies

Develops the processes to streamline pricing and enhance results

Collaborate with operations, finance and marketing to deliver financial outcomes and operational objectives

Establish guidelines and set parameters for successful advancement and completion of company objectives

Plans and implements ongoing training and continuing Pricing education

Education and Experience:

5+ years of experience in pricing management

Demonstrated high level of financial literacy & experience in P&L management

Ability to think critically, implement effective solutions and lead a team

Experience managing pricing processes with cross-functional partners

Knowledge, Skills, Abilities and Worker Characteristics:

Must be comfortable presenting to internal and external business partners

Demonstrated in-depth knowledge of pricing methodologies

Proven ability to make improvements to sales and profitability through category management and pricing

Adept at planning, organizing and analyzing financial information

Capacity to manage multiple priorities simultaneously

Proficient in problem solving and innovation

Proven ability to consistently meet or exceed company expectations for results

High attention to detail

Excellent verbal and written communication skills

Commitment to the Hy-Vee Mission and a willingness to promote the values of the company.

Working Conditions: The duties for this position are performed in a general office setting. There is weekly pressure to meet deadlines and handle multiple tasks in a day.

Financial Responsibility: None

Equipment Used to Perform Job: Laptop and desktop computer, telephone, copier, Fax, printer, PC with Microsoft Office programs and other software relevant to specific position.

Confidentiality: Has access to confidential information.

Are you ready to smile, apply today.